Closed event on ambitious alignment with the Paris Agreement

Conferences - By : Luis ZAMARIOLI SANTOS / Claire ESCHALIER

Side-event – Spring meetings

 

 

Context

The window of opportunity to remain below 1.5°C is rapidly closing. Public development banks (PDBs) need not only to increase the volume of climate finance, but also maximize the climate transformation achieved through their operations. Paris alignment commitments are crucial in this regard, but implementation requires continuous improvement and adjustments to adapt to an evolving context and real-world needs. The session will discuss best practices and shortcomings of existing approaches, drawing key directions for further progress towards a financial international architecture that sufficiently addresses our mounting climate crisis.

 

Objective of the side-event

This side-event seeked to bring in the debate country representatives and DFIs to exchange on how they are advancing on the climate and development agenda, what are their specific objectives related to the transition to low-carbon resilient economies and how to define impact? 

 

Organizers

I4CE, E3G and Germanwatch

 

Date and time: April 17th, 8:00-9:30 AM ET

Format:

For invited guests only – Chatham House Rules

 

 

Provisional agenda:

Welcome remarks: PDBs’ alignment journey

 

Setting the scene:

  • Presentation of public finance commitment tracker, Climate Policy Initiative;

  • Presentation of the Position Paper on Ambitious Alignment of PDBs with the Paris Agreement, I4CE;

  • Insights from the Public Banks Climate Tracker Matrix, E3G;

  • Review of Multilateral Development Banks’ Paris alignment methodologies, Germanwatch.

 

Directed discussion, moderated by David Ryfisch, Head of Division, Germanwatch:

  • Nancy Vandycke, Senior Climate Advisor, World Bank;

  • Graham Watkins, Chief of Climate Division, Inter-American Development Bank;

  • Boitumelo Mosako, Chief Executive Officer, Development Bank of Southern Africa;

  • Noelle O’Brien, Director of Climate Change, Asian Development Bank;

  • Anthony Nyong, Director Climate Change and Green Growth, African Development Bank (tbc).

 

Open discussion, with all the events’ participants 

 

Closing remarks 

17 Apr 2024

Closed event on ambitious alignment with the Paris Agreement

I4CE Contacts
To learn more
  • 01/16/2026 Foreword of the week
    2026: An electric atmosphere

    The year ahead promises to be electric. In a highly unpredictable geopolitical context, the European Union must balance its commitment to the long-term goals of climate neutrality and the immediate attention to security and competitiveness concerns. This puts electrification high on the agenda in Brussels. First, the Grids Package, presented in December 2025, provides for a more centralised approach to planning and is expected to be adopted by the Council in June. Second, before the summer, the Commission intends to present an Electrification Action Plan, which will focus on lowering prices and reinforcing demand. 

  • 12/12/2025 Blog post Foreword of the week
    Paris +10: France and Europe must step up on climate – to protect our security, sovereignty, competitiveness, and public finances

    How distant December 12, 2015 now seems. All delegations at COP21 had then rallied behind Laurent Fabius’s little green hammer. Ten years later, the trend is closer to backlash. Climate action is now often portrayed in the public debate as too costly, because it requires major investment. Ineffective, since our share of global emissions is small. Unfair, because it cuts into purchasing power. Too divisive, supported only by part of the electorate. Too late, since keeping the planet below +2°C of warming now seems out of reach. Arguments that are partly true—yet require substantial nuance. 

  • 12/11/2025 Blog post
    Climate finance at COP30: Progress, pitfalls, persistent challenges and the path ahead

    A few weeks ago, COP30 concluded in Belém with all parties agreeing on a “global mobilization” (or mutirão) against climate change, proving that multilateralism remains a viable path for action, despite strong geopolitical and economic headwinds. However, Belém delivered underwhelming results: no roadmap to transition away from fossil fuels –despite a powerful push from President Lula, rallying over 80 countries, a lack of concrete decisions on deforestation –disappointing for an “Amazon COP”, and mixed results on the global goal on adaptation, among other outcomes.  

See all publications
Press contact Amélie FRITZ Head of Communication and press relations Email
Subscribe to our mailing list :
I register !
Subscribe to our newsletter
Once a week, receive all the information on climate economics
I register !
Fermer